Vivint Smart Home, Inc. Reports Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- L3Harris CEO steps down amid conduct review, shares drop
- S&P 500 inches lower as Middle East tensions outweigh tech gains
- Reddit leads social media platforms in revenue growth per user
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
Vivint Smart Home, Inc. (VVNT) Reports Q3 Revenues Beat; Offers FY20 Revenue Guidance
November 4, 2020 4:13 PM ESTVivint Smart Home, Inc. (NYSE: VVNT) reported Q3 EPS of $. Revenue for the quarter came in at $319 million versus the consensus estimate of $316.82 million.
Key Highlights
Total revenues increased by $28.2 million year over year to $319.0 millionNet loss increased by $5.5 million year over yearAdjusted EBITDAa increased by $53.8 million year over year to $154.5 millionAttrition rate improved by 90 basis points sequentially to 12.8%, a seven-quarter lowWe are pleased to report another quarter of very strong performance, said Todd Pedersen, CEO of Vivint. Our results underscore the importance of having a... More
